100% Deposit Bonus
1. Information about us
Riza Financial (Pty) Ltd., trading under the brand “NextTrade” (hereina>er referred to as “the Company” or “NextTrade”) is incorporated in the Republic of South Africa, with Company registraHon number 2021/910163/07 and registered address at the registered office address of the company is Office 029 1st Floor, 101 Isaiah Ntshangase Rd, Stamford Hill, Durban, Kwazulu Natal, 4001. The
Company is regulated and authorized by the InternaHonal Financial Sector Conduct Authority (“FSCA”) in the Republic of South Africa as a Financial Service Provider (FSP No.52855 ) and is authorized to provide advice and intermediary service on derivaHve instruments.
Our postal address is: Office 029 1st Floor, 101 Isaiah Ntshangase RD, Stamford Hill Durban, Kwa-Zulu Natal, 4001.
The Company is a financial intermediary for CFD and FX Contracts. The Company owns and operates websites, trading pla‘orms and brand names as indicated in its website www.nexarade.com . The Company operates through this website which allows online trading.
The Company reserves the right to offer various Bonus Programs to its Clients from Hme to Hme. These Bonus Programs may be limited to only certain jurisdicHons or countries, specific account types, or based on other criteria. Thus, you should always refer to this document, which sHpulates the general terms and condiHons applicable to all the Credit/ Bonu Programs offered by the Company, as well as the special condiHons and characterisHcs of certain Credit Programs. The terms Credit(s) or Bonus(es) may be used interchangeably in both the legal documentaHon as well as within the interfaces of the Company.
2. General
- These Terms and CondiHons apply to Riza Financial (Pty) Ltd. (“the Company”) and its clients (legal enHHes or individuals) who have acHve trading accounts and have been granted the 100% Deposit Bonus Program (hereina>er “the Bonus”).
- Before you apply and register for the Bonus, you should read these Terms and CondiHons and be sure that you agree with them. These Terms and CondiHons may be amended in the same way as the Company’s Client Agreement, found at www.nexarade.com.
- The Company reserves the right to determine the list of countries parHcipaHng in the Bonus. It follows that this Bonus may not be available to some countries.
- The decision whether to grant the Bonus to a Client is at the Company’s sole discreHon.
3. Eligibility requirements and criteria
- A Client may be eligible to parHcipate in the Bonus Program if the Client:
- has opened and verified trading account with the Company a>er the EffecHve Date;
- has agreed to be bound by these terms and condiHons; and
- makes an iniHal deposit in an amount equal to or exceeding USD 100, or an equivalent amount in another currency, including cryptocurrency at the then prevailing exchange rate (the Minimum Deposit Requirement). Internal transfers, balance adjustments, other cash bonus credits, or partner rewards or commissions will not be considered when calculaHng the Minimum Deposit Requirement.
- The Bonus is calculated as a percentage of the first deposit. The maximum deposit reward is USD 5000 or equivalent amount in any other currency, including cryptocurrencies.
Example 1: If the Client makes an ini4al deposit of USD. 5000, he will receive a USD5000 Bonus.
Example 2: If the Client makes an ini4al deposit of EUR. 5000, he will receive a EUR.4650 Bonus (provided that the exchange rate of USD/EUR is 0.93). - The Bonus is available in the following CFDs: Forex (excluding MINI symbols) / Metal/ Cryptocurrencies.
- The Client can redeem the Bonus points into cash. The Bonus, if redeemed, is credited in the Base Currency of the Trading Account. For any lot traded, the Client can redeem USD/EUR/GBP 5.00 in the balance of the account which the iniHal deposit was made.
- Once the Bonus has been credited to the Client’s account, the Client may use it for trading in accordance with the Company’s Client Agreement. Moreover, the redeem funds can be used for trading or withdrawal.
- The Credit/Bonus may not be transferred to any other Trading Account except in specific cases determined by the Company and a>er noHficaHon of the Client.
- The Company reserves the right to cancel the bonus and/or deduct bonus that has been granted and/or close the Client’s Account, if the Company believes that the Client abused any of the Company’s offers, breached the Client Agreement, or is in Default as per the Client Agreement.
4. Severability
- If any part of these Terms and CondiHons should be held by any Court of competent jurisdicHon and regarded as unenforceable or illegal or in contravenHon to any rule, regulaHon or Law of any Market or Regulator, that part shall be deemed to have been excluded from these Terms and CondiHons from the beginning, and these Terms and CondiHons shall be interpreted and enforced as though the provision had never been included. The legality and enforceability of the remaining provisions of these Terms and CondiHons or the legality, validity and enforceability of this provision relaHve to the law and/or regulaHons of any other jurisdicHon, shall not be affected.
- All disputes and controversies arising out of or in connecHon with these Terms and CondiHons shall be finally sealed in the same jurisdicHon as per the Client Agreement (Terms and CondiHons).
- These Terms and CondiHons are governed by the Laws of the same jurisdicHon as per the Client Agreement.
5. Complaints
- For any complaints you have, you can follow the Company’s Complaints ResoluHon Procedure which is found in the Company’s website.
6. Risk Warning and Disclaimer
Engaging in contracts for difference (CFD) and other leveraged financial instruments inherently entails substanHal risk, including the potenHal for the total loss of your invested capital. It is imperaHve that clients comprehend the inherent risk and consider their investment goals, trading experience, and financial capability before commencing trade. Please ensure that you have thoroughly understood the risks involved, and seek independent advice if needed, ensuring your acHons are always aligned with your investment understanding and tolerance of risk. Please read and ensure you fully understand the Risk Disclosure.
The Company does not provide its services for the residents of certain countries, such as the United States of America, United Kingdom, Canada, Japan, the Islamic Republic of Iran, Russia and the European Union
- These Terms and CondiHons are made in English. Any other language translaHon is provided as a convenience only. In the case of any inconsistency or discrepancy between the original English text and its translaHon into any other language, as the case may be, the original version shall prevail.
